Brief: Vitec Software Group Q3 EBITA Rises To SEK 69.1 Mln

Vitec Software AB (publ)

17/10/2019 07:38

Oct 17 (Reuters) - Vitec Software Group AB (publ)  VITb.ST :
    * CONTINUED GROWTH AND STRENGTHENED MARGINS
    * Q3 NET SALES SEK 289 MILLION VERSUS SEK 262 MILLION YEAR
AGO
    * Q3 EBITA SEK 69.1 MILLION (61.5)
    * NEWLY ACQUIRED UNITS ARE MAKING A POSITIVE CONTRIBUTION,
WHILE
EXISTING OPERATIONS ARE MAKING GRADUAL IMPROVEMENTS, WHICH
TOGETHER CONTRIBUTE TO A FAVORABLE TREND
    * OUR FINANCIAL POSITION IS SOLID AND WE ARE WELL PREPARED
FOR
FUTURE ACQUISITIONS AND FOR CONTINUED ACQUISITION-BASED GROWTH
    * WE WILL HAVE A MORE FOCUSED SOFTWARE OFFERING IN DANISH
BUSINESS

Source text for Eikon:  ID:nWkr9NvlRN 
Further company coverage:  VITb.ST 

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